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If I own another property from which I earn rental income from it, how do I calculate the amount of Zakat on this?


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A Muslim does not have to pay Zakat for the house in which they are staying in. However for a house that is bought for business purposes, Zakat on Business may be due. With regards to the property, if rented out, Zakat must be paid on the total rent if it reaches the nisab (minimum threshold) for a full year. Zakat on Business is then based on 2.5% of this amount. The above is a general guideline. For a more comprehensive guide to Zakat on Business, please browse our website at www.zakat.sg.


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